About Us

History

1981

The Oregon Law Foundation was created by the Oregon State Bar to fund law-related charities.

1983

Oregon’s lawyers created a voluntary Interest on Lawyers Trust Accounts (IOLTA) program. IOLTA programs began in Australia and Canada in the early 70’s. The concept was simple: the Foundation asked members of the Bar to convert their non-interest bearing, pooled client trust accounts into interest-bearing accounts, with the interest benefiting the Foundation.

1988

The OLF, the Oregon State Bar, and the Oregon Supreme Court worked together to transform the voluntary IOLTA program into a mandatory one. In November 1988, Oregon lawyers voted 2-1 for mandatory IOLTA, and Oregon’s mandatory IOLTA program began May 1, 1989.

2005

Oregon Banks worked with the OLF to create the Leadership Bank program (now called Partners in Justice) to highlight the generosity of banks that voluntarily pay above-market interest rates on IOLTA.

Staff

Board

Contact

Documents

• OLF Policies and Procedures (pdf)
• 2017 Annual Report (pdf)
• 2016 990 Tax Return (pdf)
• 2016 Audited Financial Statements (pdf)